Paying Down Debt

Most consumers will encounter debt during their lifetimes, whether it's in the form of student loans or an expanding credit card balance. While some debt may not be a problem, unmanageable debt can take on a life of its own. Paying down debt can be a daunting task, and there are no "one-size-fits-all" solutions, but having the right information is an important first step. This section includes articles about negotiating with creditors, dealing with debt collectors, seeking help from credit counselors, refinancing loans, prioritizing debts for repayment, and other helpful resources to help you successfully pay down debts.

Debtors have a number of tools at their disposal in order to cut down on their expenses and emerge from debt. This article offers explanations of a number of debt relief options, including credit management and debt consolidation.

A guide to choosing the right credit counseling organization. Learn about the benefits associated with debt negotiation services and firms, how to avoid the risks involved, and what to look for in a credit counselor.

This section offers a collection of state law summaries dealing with permissible interest rates. Find your state’s interest rate laws to determine the maximum rates, exceptions to the limits, and more.